Earnings per Share

3 Months Ended

Mar. 31, 2014

Earnings Per Share [Abstract]

Earnings per Share

3. Earnings per Share

The following table is the computation of basic and diluted earnings per share:

	Three Months Ended March 31,
	2014			2013
Basic Earnings Per Share computation:
Numerator:
Net income (loss) from continuing operations	($	146	)	$	1,953
Net loss from discontinued operations	$	0		($	88	)
Net income (loss)	($	146	)	$	1,865
Denominator:
Common shares outstanding		18,176			17,684
Earnings per common share - basic
Net income (loss) from continuing operations	($	0.01	)	$	0.11
Net loss from discontinued operations	$	0.00		($	0.00	)
Net income (loss)	($	0.01	)	$	0.11
Diluted Earnings Per Share computation:
Denominator:
Common shares outstanding		18,176			17,684
Restricted shares subject to vesting			*		148
Common stock option grants			*		79
Total shares		18,176			17,911
Earnings per common share - diluted
Net income (loss) from continuing operations	($	0.01	)	$	0.11
Net loss from discontinued operations	$	0.00		($	0.00	)
Net income (loss)	($	0.01	)	$	0.10

* As denoted by “*” in the table above, the weighted average common stock option grants and restricted shares of 203,000 for the three months ended March 31, 2014 were excluded from the calculations of diluted net loss per share since their effects are anti-dilutive.